As part of Antiwar Radio’s week long series on the economic crisis in association with Ron Paul’s Campaign for Liberty, Robert Blumen, writer for LewRockwell.com and Mises.org, and student of the Austrian school of economics, discusses the true cause of inflation, the factors behind price increases, why true economic growth depends on savings not credit expansion, the challenge of where to invest in the midst of this crisis, the depth of the current bailout disaster and why the longer the government tries to delay the inevitable crash, the more painful the recovery will be.
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